Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
OPERATING ACTIVITIES:
Net income	$ 85,807	$ 75,256
Adjustments to reconcile net income to net cash used in operating activities:
Equity in loss (income) from joint venture arrangements	(118)	(268)
Mortgage loan originations	(959,022)	(828,400)
Proceeds from the sale of mortgage loans	997,369	884,725
Fair value adjustment of mortgage loans held for sale	2,982	66
Capitalization of originated mortgage servicing rights	(3,366)	(3,649)
Amortization of mortgage servicing rights	1,112	580
Depreciation	8,655	8,064
Amortization of debt discount and debt issue costs	2,029	2,110
Gain on sale of mortgage servicing rights	0	(1,224)
Stock-based compensation expense	4,086	3,771
Deferred income tax expense	1,494	1,513
Change in assets and liabilities:
Inventory	(156,073)	(221,279)
Other assets	(3,952)	(6,447)
Accounts payable	38,017	20,660
Customer deposits	4,195	9,914
Accrued compensation	(11,629)	(10,199)
Other liabilities	(10,609)	(10,312)
Net cash (used in) provided by operating activities	977	(75,119)
INVESTING ACTIVITIES:
Purchase of property and equipment	(2,626)	(5,866)
Return of capital from joint venture arrangements	438	676
Acquisition, net of cash acquired	0	(100,960)
Investment in joint venture arrangements	(23,522)	(20,487)
Net proceeds from sale of mortgage servicing rights	0	6,335
Net cash provided by (used in) investing activities	(25,710)	(120,302)
FINANCING ACTIVITIES:
Repayments of convertible senior subordinated notes due 2018	0	(65,941)
Proceeds from bank borrowings - homebuilding operations	568,900	519,900
Principal repayments of bank borrowings - homebuilding operations	(496,400)	(297,200)
Net repayment of bank borrowings - financial services operations	(44,574)	(64,169)
Proceeds from (principal repayments of) notes payable-other and CDD bond obligations	(429)	(1,738)
Payments for repurchase of common stock	(5,150)	(11,085)
Debt issue costs	(40)	(115)
Proceeds from exercise of stock options	14,348	426
Net cash (used in) provided by financing activities	36,655	80,078
Net increase (decrease) in cash, cash equivalents and restricted cash	11,922	(115,343)
Cash, cash equivalents and restricted cash-Period Start	21,529	151,703
Cash, cash equivalents and restricted cash-Period End	33,451	36,360
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest — net of amount capitalized	23,034	21,833
Income taxes	26,578	17,784
NON-CASH TRANSACTIONS DURING THE PERIOD
Community development district infrastructure	1,936	3,052
Consolidated inventory not owned	(12,621)	352
Distribution of single-family lots from joint venture arrangements	11,515	16,036
Common stock issued for conversion of convertible notes	$ 0	$ 20,309